Start-Up Costs and Fees |
||
| Hospitality | Mainstay Suites | |
| Investment | 133600 - 2602000 | 290825 - 13479816 |
| Franchise Fee | 0 | |
| Royalty Fee | $35/rm/night | 5% |
| Advertising Fee | 2.50% | |
| Year Founded | 1971 | 0 |
| Year Franchised | 1982 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hospitality | Mainstay Suites | |
| Experience | ||
Financing Options |
||
| Hospitality | Mainstay Suites | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Hospitality | Mainstay Suites | |
| Training | Classroom Training: 10.5 hours Additional Training: At regional training seminars | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | |
| Marketing | Ad Templates Regional Advertising Social media Website development Email marketing | |
| Operations | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Hospitality | Mainstay Suites | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Hospitality | |
| Mainstay Suites | |
| Franchise Fee | |
| Hospitality | |
| Mainstay Suites | |
| Royalty Fee | |
| Hospitality | $35/rm/night |
| Mainstay Suites | 5% |
| Advertising Fee | |
| Hospitality | |
| Mainstay Suites | 2.50% |
| Year Founded | |
| Hospitality | 1971 |
| Mainstay Suites | 0 |
| Year Franchised | |
| Hospitality | 1982 |
| Mainstay Suites | 0 |
| Term Of Agreement | |
| Hospitality | 5 years |
| Mainstay Suites | 20 years |
| Renewal Fee | |
| Hospitality | |
| Mainstay Suites | |
Business Experience Requirements |
|
| Experience | |
| Hospitality | |
| Mainstay Suites | |
Financing Options |
|
| Franchise Fees | |
| Hospitality | No |
| Mainstay Suites | No |
| Start-up Costs | |
| Hospitality | |
| Mainstay Suites | |
| Equipment | |
| Hospitality} | |
| Mainstay Suites | |
| Inventory | |
| Hospitality | |
| Mainstay Suites | |
| Receivables | |
| Hospitality | |
| Mainstay Suites | |
| Payroll | |
| Hospitality | |
| Mainstay Suites | |
Training & Support |
|
| Training | |
| Hospitality | Classroom Training: 10.5 hours Additional Training: At regional training seminars |
| Mainstay Suites | |
| Support | |
| Hospitality | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Mainstay Suites | |
| Marketing | |
| Hospitality | Ad Templates Regional Advertising Social media Website development Email marketing |
| Mainstay Suites | |
| Operations | |
| Hospitality | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
| Mainstay Suites | |
Expansion Plans |
|
| US Expansion | |
| Hospitality | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Mainstay Suites | |
| Canada Expansion | |
| Hospitality | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Mainstay Suites | |
| International Expansion | |
| Hospitality | |
| Mainstay Suites | |